Open Access Property

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= to be distinguished clearly from Common Property Regimes.


Citation

"For Stevenson, a “private property, common property, open access trichotomy” ultimately exists. He compares these three forms in terms of group limitation and extraction limitation. Characteristic of the common property form is that both the group and the extent of resource use are limited by the individual members."

- [1]

Source: STEVENSON, G.G: Common Property Economics. A General Theory and Land Use Applications. Cambridge. Cambridge University Press.1991, p.58


Typology

Stevenson compares these three forms in terms of group limitation and extraction limitation. [2]


3 Property Institutions:


Open Access:

- Limited: members only, unlimited extraction - Unlimited: open to anyone, unlimited extraction

Common Property: members only, extraction limited by rules

Private Property: one, extraction limited by individual decision